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Warhol Painting Among $2.8 Million Irish Bad Bank Auction

Ireland's state-run bad bank will auction works of art by the likes of Andy Warhol and Alex Katz after it put global auction house Christies in charge of a 14-painting collection valued at up $2.8 million on Monday.
A worker at the Tate Britain walks past John Martin's recently restored "The Destruction of Pompeii and Hercuaneum", as retouches paintwork on the walls, in central London

John Martin, Master of Apocalypse, Gets Rare Show

The public adored John Martin's apocalyptic images of destruction and chaos yet the art establishment shunned him, helping to consign the British artist's works to the storage vaults.
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Mongolia's President Defends Mining Ban

Mongolia's law banning mining in the country's river and forest areas is necessary to protect the mineral-rich Asian country's environment and herdsmen's livelihoods, President Tsakhia Elbegdorj said on Monday.
Yoweri Museveni

Uganda MPs demand special session over oil tax row

Ugandan legislators want the speaker to call an emergency session of the house to discuss a government dispute with Britain's Heritage Oil over tax payments, an opposition MP said on Monday.
epidemic

WHO Offers Cheaper Ways to Target UN's $47T Global Disease Task

The United Nations will hold a high-level two-day summit beginning Monday to discuss its intentions of tackling the global epidemic, which could reach $47 trillion in the next two decades, if no medical solution is found.
epidemic

U.N. Fears Defeat of Costly Global Disease Epidemic as Summit Arrives

More and more people around the world are diagnosed with infectious diseases such as heart and lung disease, cancer and diabetes each year, yet there may be cheaper solutions to prevent and treat millions of these cases, according to the World Health Organization (WHO).
Occupy Wall Street

Occupy Wall Street Protest Causes New York Police to Block Off Wall Street Monday

The Occupy Wall Street protest is disrupting Wall Street for a third consecutive day -- this time when the stock market will open. New York City police are limiting access to Wall Street Monday morning, requiring residents and workers in blocks surrounding the New York Stock Exchange to show identification.
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London Bullion Market Assoc Takes Aim at Conflict Gold

The London Bullion Market Association is working out ways for refiners on its Good Delivery List to avoid falling foul of new regulations against conflict gold as a number one priority, LBMA chairman David Gornall told Reuters on Sunday.
International Business Times Logo

China's Sany Heavy to raise $3.33 bln in HK offer

Sany Heavy Industry Co Ltd , China's largest construction machinery maker, could raise up to $3.33 billion in the second biggest stock offering this year in Hong Kong, braving volatile markets to raise funds for expansion of its factories.
UBS

UBS Rogue Trading Loss Totals $2.3 Billion

UBS announced the loss from unauthorized trading equated to approximately $2.3 billion, more than the $2 billion that was initially reported.
UBS $2 billion rogue trade suspect held in London

UBS Trader on Facebook: 'Can We Shut Down Global Markets So Everyone Can Just Chill?'

UBS, it appears, had no idea that accused rogue trader Kweku Adoboli might be messing around with unauthorized risks in its London office, losing $2 billion. It's shocking that $2 billion could slip away so easily, but that's apparently what happened. The bank's analytics simply never caught on, and by now, you know what happened from there -- $2 billion is gone, and the 31-year-old Adoboli has been arrested by London police and charged with three counts while UBS, the Swiss bank with ...
Sudden Infant Deaths

Improved Healthcare Keeps China’s Newborn Deaths Down

Fewer newborn babies in China are dying today when compared to 1996, researchers found. A study shows that newborn deaths fell 62 percent, as it went from 24.7 per 1,000 live births in 1996 to 9.3 in 2008.

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